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Page 109 - Political economy or economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of well-being. Thus it is on the one side a study of wealth; and on the other, and more important side, a part of the study of man.

Page 61 - Sociologists declare that the experience bounded by the reactions between men and physical nature on the one hand, and the reactions of men with one another on the other, is an interconnected experience, and that we shall have a science of it only in the proportion of our insight into the way and degree in which each item of this experience is affected by every other item of it.

Page 87 - Social science cannot be many. It must be one. The next stage of social science must be marked by a drawing together of the parallel or diverging lines of research in which it has been broken up. We must use the knowledge which we have already gained of parts or aspects or details of human experience to construct a more adequate general survey of the whole of human experience.

Page 67 - Political economy has to do with no other subject whatever. than wealth. The economist may also be a social philosopher, a moralist, or a statesman, just as the mathematician may also be a chemist, or a mechanician; but not on that account should the subject be confounded.

Page 299 - Harper saw a moral distinction between those in the first two years of college and those pursuing a "higher" calling. This higher calling was not for everyone. Harper wrote in his 1905 text, "[T]he university men who occupy high places throughout the earth; the university spirit which, with every decade, dominates the world more fully, will be doing the work of the prophet, the priest, and the philosopher of democracy, and will continue to do that work until it shall be finished, until a purified...

Page 242 - The most reliable criterion of human values which science can propose," Small wrote, "would be the consensus of councils of scientists representing the largest possible variety of human interest, and cooperating to reduce their special judgments to a scale which would render their due to each of the interests of the total calculation."6 / It is from this heritage that the present-day study of white-collar crime emerged.

Page 67 - ... out how wealth is produced, exchanged, distributed, and consumed. It will remain for the social philosopher, the moralist, or the statesman, to decide how far the pursuit of wealth, according to the laws discovered by the economist, should be subordinated to other, let us say, higher, considerations. The more strictly the several branches of inquiry are kept apart, the better it will be for each and for all.